Comparison between Diksha Greens IPO and Surani Steel Tubes IPO.
Diksha Greens IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Surani Steel Tubes IPO is a SME Bookbuilding proposed to list at NSE SME.
| Diksha Greens IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Pantomath Capital Advisors Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Pantomath Stock Brokers Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Diksha Greens IPO is up to ₹12.65 Cr whereas the issue size of the Surani Steel Tubes IPO is up to ₹12.26 Cr. The final issue price of Diksha Greens IPO is ₹30.00 per share and of Surani Steel Tubes IPO is ₹52.00 per share.
| Diksha Greens IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹51.00 per share | |
| Issue Price (Upper) | ₹52.00 per share | |
| Issue Price (Final) | ₹30.00 per share | ₹52.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 2000 shares |
| Fresh Issue Size | 42,16,000 shares | 23,58,000 shares |
| Fresh Issue Size (Amount) | up to ₹12.65 Cr | up to ₹12.26 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 42,16,000 shares | 23,58,000 shares |
| Issue Size Total (Amount) | up to ₹12.65 Cr | up to ₹12.26 Cr |
Diksha Greens IPO opens on Nov 26, 2018, while Surani Steel Tubes IPO opens on Jan 25, 2019. The closing date of Diksha Greens IPO and Surani Steel Tubes IPO is Nov 28, 2018, and Jan 29, 2019, respectively.
| Diksha Greens IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Nov 26, 2018 | Jan 25, 2019 |
| Issue Close | Nov 28, 2018 | Jan 29, 2019 |
| Basis Of Allotment (Tentative) | ||
| Initiation of Refunds (Tentative) | ||
| Credit of Share (Tentative) | ||
| Listing date (Tentative) | Dec 05, 2018 | Feb 06, 2019 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Diksha Greens IPO P/E ratio is , as compared to Surani Steel Tubes IPO P/E ratio of .
| Diksha Greens IPO | Surani Steel Tubes IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 20,95,000 Shares (36.12) | |||||
| Promoter Shareholding (Post-Issue) | ||||||
| P/E Ratio | ||||||
| Market Cap | ₹29.60 Cr. | ₹43.08 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Diksha Greens IPO Retail Individual Investors (RII) are offered 21,08,000 shares while in Surani Steel Tubes IPO retail investors are offered 21,08,000 shares. Qualified Institutional Buyers (QIB) are offered in Diksha Greens IPO and in Surani Steel Tubes IPO.
| Diksha Greens IPO | Surani Steel Tubes IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,24,000 shares | 1,26,000 shares |
| QIB | ||
| NII | 21,08,000 shares | 11,78,000 shares |
| RII | 21,08,000 shares | 11,80,000 shares |
| Employee | ||
| Others | ||
| Total | 42,16,000 shares | 23,58,000 shares |
Diksha Greens IPO subscribed 1.07x in total, whereas Surani Steel Tubes IPO subscribed 1.55x.
| Diksha Greens IPO | Surani Steel Tubes IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1.99x | 1.70x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.07x | 1.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.07x | 1.55x |
